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Endurance Specialty Holdings Ltd yesterday made good on last week’s pledge to seek acquisition of all Aspen Insurance Holdings Limited common stock for a combination of common stock and cash at an improved offer of $49.50 a share. Aspen closed up two...

After allegations from the People’s Campaign that the actions of the Clarien Bank caused local families to lose their mortgages, the bank said it was pursuing dialogue with the activist group. But they refused to be drawn on the veracity of the claim...

Bermuda has been branded a “notorious tax haven” by a new report on the use of offshore financial centres by US corporations aiming to cut their US tax bill. The report, prepared by Richard Phillips and Steve Wamhoff of Citizens for Tax Justice and ...

Gibraltar’s Minister of Finance, Albert Isola, met briefly with Premier and National Security Minister Michael Dunkley yesterday in a courtesy call at the Cabinet Office. The visiting Minister is pressing the case for bilateral agreements to work tog...

The ratings agency and publishing house, AM Best, provided additional coverage of Bermuda and the Bermuda Captive Conference this week with AM Best TV. Best set up an exhibit booth — one of 49 at the Conference -and published information online about...

The tenth Bermuda Captive Conference (BCC) concluded on Wednesday night with a gala dinner, fireworks and the Fire Show at the Beach Side Terrace at Fairmont Southampton. The spectacular ending came after record attendance, record exhibit participati...

The sobering assessment of cyber threats is that they are here to stay. But cyber security experts speaking at the Bermuda Captive Conference yesterday urged companies to take a corporate approach to the problem, as opposed to just an IT approach, b...

Twenty-five professionals involved in facilities management are winding up special three-day training to hone their skills as part of the Facility Management Professional designation. Facility managers are responsible for large properties and plants...

Gibraltar officials are in Bermuda stepping up their efforts to build a strong insurance presence at home. A delegation meets this week with Premier Michael Dunkley, as the fellow British Overseas Territory pursues an agenda they say is of mutual ben...

Captive insurance professionals yesterday heard Finance Minister Bob Richards predict a rise in US interest rates in the near term during a panel discussion at the Bermuda Captive Conference. But he was challenged by one panellist when he suggested t...